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Problem 1: Final Inc. showed buildings decreased $80,000 because of a cash sale for $80,000, the machinery account increased $20,000 as a result of a cash purchase, 5-Yr Notes Payable increased $30,000 from issuance for cash at face value, and Interest Payable decreased $3,000 because of an interest payment. The net cash provided by investing activities is
Group of answer choices
(a) $60,000
(b) $87,000
(c) $57,000
(d) $100,000
The following problem is an introduction to production costs: River Queen Corporation began operations early in the current year, building luxury boats. During the year, the company started and completed 40 boats at a cost of $80,000 per unit.
Extraordinary gain, net of tax of 30%, is $21,000. Prepare an income statement, including earnings-per-share data, giving supporting computations. Caribou Inc. has 130,000 shares of common stock outstanding.
Silk reported net income of $30,000 in 2020 and $52,000 in 2021. What is the value of the non-controlling interest on December 31, 2019
Excess of cost over fair value of identifiable net assets of acquired subsidiary 80,600. How much must be presented as Intangible Assets
part-1question 1do supervisors have hrd responsibilities? if so how do they coordinate these with hrd
Old Port Shipyards does work for both the U.S. Navy and private shipping companies. Old Port's major business is renovating ships, which it does at one of two company dry docks referred to by the names of the local towns: Olde Town and Newton. Comput..
Which Significant deposits in a foreign bank which are subject to FOREX restriction should be classified as? non trade receivables with appropriate disclosure
On January 1, 2020, New Inc. buys 10% of Newer Co., Record the cost method journal entry to record the acquisition on Newer's books.
the scq corporation manufactures specialty medical tools ranging from 10000 to15000 per unit. the tools are used in
Prepare the journal entries necessary to record the transactions. Prepare the entries necessary to record amortization expense for the intangible assets.
Calculate the WACC for a large corporation and wondering which tax rate should use. Is the "income tax rate" the one should be using?
The management of Ballard MicroBrew is considering the purchase of an automated bottling machine for $71,000. The machine would replace an old piece of equipment that costs $18,000 per year to operate. The new machine would cost $8,000 per year to op..
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